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    <title>Repeal and Savings</title>
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    <description>On commencement the Regulations repeal the Securities and Exchange Board of India Service Regulations, 1988, modify the terms and conditions of service of existing whole-time employees to operate under the new Regulations, and provide that anything done or action taken under the repealed 1988 Regulations shall be deemed to have been done or taken under the corresponding provisions of the new Regulations.</description>
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      <description>On commencement the Regulations repeal the Securities and Exchange Board of India Service Regulations, 1988, modify the terms and conditions of service of existing whole-time employees to operate under the new Regulations, and provide that anything done or action taken under the repealed 1988 Regulations shall be deemed to have been done or taken under the corresponding provisions of the new Regulations.</description>
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